Proof of no claims

[AndCur]

Hi Folks

Not sure if my boat will be going into the water this season and there for will have no need for it to be insured. Do marine insurance company's issue
proof of no claims which you can keep and use again when you reinsure.

Thanks for reply's

Andrew

 

[sailorman]

is the vessel to be kept @ home.
if not the boatyard / marina would poss req you to be insured

 

[Tranona]

Your Schedule of Insurance should show the premium calculation including the No Claims Bonus.

Are you sure you want to leave it uninsured? You can get out of commission insurance against fire and theft. Suggest you speak to broker/insurer.

 

[wooslehunter]

A mate of mine who's a fire officer told me a story of a guy who was doing some varnishing inside the boat. he stopped for a coffee & lit up the gas. Something happened, the fumes caught or the varnish was spilled on the stove, I can't remember. However, there was a major incident my mate attended & lots of boats were lost in the fire.

Get some out of commission insurance.

To answer the question though, I'd gues it's the same as a motor insurance where the insurance company can provide you with a letter stating the no claims period.

 

[vyv_cox]

There's been a similar one very recently in Pwllheli. Man was glueing carpet in his forecabin using Impact adhesive. The fumes were ignited by a heater in the saloon, and the boat, a cat if I remember correctly, was destroyed.

Definitely do not leave the boat uninsured, even at home. Plenty of boats blow over, have things fall on them, get run into by cars, etc. Cables, sails and furnishings get chewed by rodents. Boats don't need to be sailing to have accidents.

 

[noblemarine]

To answer the original question, most UK insurers will honour no claims discount even if there has been a break in cover of 12-18 months.

Other posters make some very valid points regarding possible risks to boats, even when out of commission. It would be wise to investigate a laid up policy.

Jon

 

[DAKA]

Agreed, and even if it is low value you still should consider Public Liability insurance.

If it falls on the postman or the local village idiot injures himself while breaking in to it you may be pleased for your Insurers to handle the claim.

 

[PeterGibbs]

What if a third party/weather damages it? Do you really want to go self insured?

I bet if you negotiate with the insurers, based on the reduced non-floating risk, you will feel better to maintain a "third party cover" arrangement that will let you sleep at night.

Worth it!

PWG

 

[gjgm]

not all insurers offer out of commision insurance; you might have to take the normal one.